Risk Assessment & Risk Management

HarpoTech security services can help provide a comprehensive assessment of the risks to your organization. “Risk management refers to a coordinated set of activities and methods that is used to direct an organization and to control the many risks that can affect its ability to achieve objectives”.

Risk assessment is made up of three key processes: risk identification, risk analysis, and risk evaluation.

Risk identification is a process that is used to detect, and describe the risks that could affect the achievement of objectives of the organization.

Risk analysis is a process that is used to understand the nature, sources, and causes of the risks that you have identified and to estimate the level of risk. Risk analysis can also be used to study the impact, and to examine whether the current controls that exist are sufficient.

Risk evaluation is a process that is used to compare the results of risk analysis with risk criteria to determine whether a specified level of risk is acceptable or tolerable to the organization.